GRIN shuts its doors

It makes me sad to post this news, but GRIN, a Swedish game developer, is shutting its doors. In case you didn't know, GRIN made Bionic Commando: ReArmed and the new Bionic Commando, both of which are pretty awesome.

Though on the other hand they also made steaming pile of poop game like Terminator: Salvation. And Wanted: Weapons of Fate, which wasn't a pile of poop but kind of on the average side of things either way. Their official site has a short eulogy, here's an even shorter quote from it.

Quote:
It is with a heavy heart we announce today that GRIN has been forced to close its doors. This as too many publishers have been delaying their payments, causing an unbearable cashflow situation.

That doesn't leave too much room for speculation on why they had to close down.

Regardless of the quality of their games, it's a damn shame that one more studio has to close down. Lots of stories like this over the past year or so with Midway of course making the biggest news. It's just too bad.

Posted in Gaming by Kilu Member on August 13th 2009 at 10:05am 1 Comment
#1 posted by Charon on August 19th 2009 at 8:27am

Remind me... Didn't Midway buy a majority stake in Sega after the Saturn disaster only to sell the shares back to Sega right before the Dreamcast came out? ¬¬ Smooth.

Sorry, comments are closed because article is over 90 days old.